BITX is trading at $19.00, up 2.87% in pre-market as Bitcoin rebounded above $82,000.
- Bloomberg reported Bitcoin climbed as much as 2.4% in early London trading on October 19.
- The rebound followed last week’s Bitcoin weakness amid technology-led stock selling and AI-spending concerns. Stronger Chinese economic data and lower crude prices supported risk appetite.
- BITX seeks roughly 2x bitcoin’s daily performance; no BITX-specific announcement surfaced.